Incentives

We make sure you find

the best investment environment

We provide great incentives to boost your operations

The most competitivetax incentives

The Free Trade Zone Regime is the mainstay of Costa Rica‘s export and investment promotion strategy. It is a set of incentives and benefits granted by the Costa Rican government to companies making new investments in the country and it provides tax incentives.

Companies that may apply for the Free Trade Zone System Regime:

EXPORT SERVICES Companies

50% of services must be exported

Scientificresearch firms

Either companies or organizations

Strategic sectors or companies

Outside the Geater Metropolitan Area

Significantsuppliers

40% of sales to FTZ companies

List of incentives granted:

Costa Rica´s tax incentives and benefits are standardized. They apply to any and all companies according to their operation, so there is no need for negotiation on a per case basis. In addition, entities wishing to set up operations in areas outside the Greater Metropolitan Area (GMA) can enjoy greater benefits. Discover the option according to your needs.

All Sectors:

No expiration period

Custom duties on imports/exports

Withholding tax on royalties and fees

Interest income

Sales tax on local purchases of goods/service

Stamp duty

10 year period*

Property Transfer Taxes

*NOTE: The 10 year period will start after the 3-year grace period is over or when the company starts operations, whichever comes first, but the benefit will be granted immediately upon approval of FZ Regime.

SERVICE PROJECTS & MANUFACTURING PROJECTS*

*NOTE: Manufacturing companies with an investment that exceeds US$10 million and 100 employees, established under the Free Trade Zone Regime. For smaller manufacturing operations, companies will pay a preferential 6% income tax rate for 8 years and 15% for another 4-year period (statutory income tax 30%).

first 8 year period100%INCOMETAX EXEMPTION

Following 4 year period50%INCOMETAX EXEMPTION

In all cases, multiple additional 8-year renewals periods may be granted if significant reinvestment is made.

NOTE: Companies with an investment that exceeds US$10 million and 100 employees, established under the Free Trade Zone Regime. Additional 12-year renewal may be granted if reinvestment is made (statutory income tax 30%)

Industrial Parks and Free Zones in Costa Rica:

The country offers a wide variety of industrial parks and office centers, both within and outside of the Greater Metro Areas, with features that offer the right conditions to your business. These are some of the options available.

INDUSTRIAL PARKS OUTSIDE THE GMA

Solarium Free Zone – Guanacaste

Profile

THE PLACE TO BUILD THE FUTURESolarium is the location of the LIBERIA FREE TRADE ZONE, the most well located Free Trade Zone outside the GAMA. It is the most modern and vibrant Business Park in the region, located in Liberia, principal economic center of Guanacaste. Solarium is a diverse 10,700,000 sq ft multi-use development offering exciting business opportunities to our corporate partners, and bringing economic development and lifestyle enhancements to area residents.

THE IDEAL LOCATION FOR BUSINESS EXPANSION SOLARIUM is located directly across from Daniel Oduber Quirós International Airport (Liberia, Guanacaste), the second major airport in the country; this airport offers over 120 weekly flights from cities like Toronto, Dallas, New York, Miami, Newark and Boston among others. The presence of the country’s second largest airport makes travel and the shipment of goods easy.

Liberia and its surrounding areas have become a center for various companies in the food sector, aquaculture, food industry, services, research, clean energy, and space propulsion. The Ad Astra Rocket Company, based in Houston, has its research and development facilities in Liberia. There, the technology for space propulsion research and use of hydrogen for clean energy generation is developed.Also, the North Pacific zone of Costa Rica has positioned as a tourist destination of reference for its beautiful beaches.

THE BEST LOCATION TO MAKE YOUR BUSINESS GROWSOLARIUM is the largest and most modern commercial, industrial, manufacturing, office, storage, warehouse and distribution site in the region, enabling companies to take advantage of one of the best business environments in Central America. Over 5,500,000 sq. ft. of land for sale and 1,500,000 sq. ft. developed.

SOLARIUM: KEY FACTS- 6 Types pre-built facilities: Warehouses, retail, storage, apartments, office and hotel.- 1,000,000 sq ft Business Park: 4 different size of units and Free Trade Zone.- The Free Trade Zone, located outside the GAMA has additional higher tax incentives and longer benefits.- 5,500,000 sq ft Land for development: Will divide lots, built to suit, potable water, water treatment plant and the option to include land in the Free Trade Zone Regime.- Additional benefits free trade zone.- There is an on-site hotel (Hilton Garden Inn Liberia Airport).- On-site university (Universidad Latina, Laureate Universities).- Fast and cost-efficient set-up with some pre-build facilities and all the utilities in place.- Robust infrastructure.- Easy international access: located in front of an International Airport, 90 km from Nicaragua border and 143 km from Caldera Port.

FREE TRADE ZONE ADITIONAL INCENTIVES AND BENEFITSCosta Rica´s tax incentives and benefits are standardized. They apply to any and all companies according to their operation, so there is no need for negotiation on a per case basis. In addition, entities wishing to set up operations in areas outside the Greater Metropolitan Area (GMA) can enjoy greater benefits.The companies outside GMA have longer periods of tax exemptions, lower initial investment in fixed assets, lower start-up costs and other greater benefits than companies inside GAM.

DWL: DEVELOPER EXPERIENCEDWL is a company that is responsible for providing different services to their customers in the fields of development, construction, management and design of real estate projects with thehighest quality. Their experience includes residential, industrial, commercial and mixed-use projects.DWL has achieved a leadership position within the real estate business, as a result of its innovative and environmentally conscious projects. They are also recognized as a pioneer in the development of mixed-use real estate projects in Costa Rica.- Over 30 years experience in real estate- Success in projects- Strong access to financial Capital- Symbol of quality and distinction in the Costa Rican real estate sector- Succeeded in positioning ourselves as leaders in the industry- Development project in important cities (San José, Escazú, Heredia)- Website: http://www.dwlcr.com/

BUILD TO SUIT IN THE LARGEST AND MOST MODERN SITE IN THE REGIONSOLARIUM offers a strategic and convenient location and superior facilities tailored to our client’s specific needs in order to facilitate the start-up and manage cost control. Supported by a team of development experts, we understand how to quickly work through zoning, permitting, utility, infrastructure and road improvement requirements to fast-track exceptionally complex builds.Our development and construction team work with highly recognized partners in design, engineering, architecture and construction in order to design and create a state-of-the-art facility around our clients’ needs.

OUR COSTUMERS - TENANTSExpoCerámicas: It is a chain of stores dedicated to the import and marketing of construction finishes in the Costa Rican market.La Artística: Traces its beginnings to 1933, has several showrooms and is today Central America’s largest furniture store.Intaco: Starting in 1946, it has a broad portfolio of industrial mortars and world-class chemicals for construction.Tips: Leading Company in selling kitchen products (industrial and domestic). Recognized within Central America and the Caribbean. SUR: Founded in Peru, in 1966 is one of the most important paint manufacturers in the region. With operations in 9 countries and exportations to North and South America.POPS: Pops ice creamery started operations in 1968 in San José, now there are shops in 6 different countries.Neón Nieto: The largest and most modern labeling systems industry group in Central America. With more than 70 years of experience.Hilton Garden Inn Liberia Airport: Located in the province of Guanacaste in front of Liberia Airport (LIR), the hotel is close to many top tourist attractions.Universidad Latina: Is the largest private university in Costa Rica, with 6 undergraduate schools and 12 Master programs.

Location:

Gallery:

Contact information:

For more information about this real estate project please contact us at invest@cinde.org

We offer the most attractive and

cost-effective tax incentives in the region

education

INCENTIVES

The Academic System in Costa Rica is open to provide the necessary training/programs, working with companies to address their needs and demands. These Academic Collaboration models are established as a formal agreement between the company and the specific institutions involved.

For example, the National Training Institute (INA) offers free technical training in numerous fields, focusing in the areas like: Industry, Graphic Industry, and Trade and Services.

Any company with operations in the country will have access to INA training for their employees at no additional cost, since INA’s courses are funded by the 1.5% of the total payroll that these companies must pay. Thus, INA training programs can be seen as a subsidy from the government, because the costs of training programs are higher than the 1.5% charged to the company for its employees. The INA has 60 facilities nationwide.

foreigners

INCENTIVES

In Costa Rica, foreigners have equal rights and obligations; they have no limits to property handling and they can conduct business activities freely, for there is free capital movement without foreign exchange controls.

Multinational companies must comply with the same procedures and regulation as local companies to start operations in the country. However, CINDE offers assistance to foreign investors through a immigration procedure.

Streamlined immigration applications and visa granting, with no limitation on number of foreigners working in companies, are some of the incentives Costa Rica offers.

SERVICE PROVIDERS

Free Zones

The Costa Rican Investment Promotion Agency (CINDE) is a private, non profit and apolitical organization that provides investment services for free. During its 35 years, CINDE has attracted more than 280 high-tech companies to Costa Rica, including worldwide leaders such as: Intel, Procter and Gamble, ICU Medical, Baxter, St. Jude Medical, Western Union and many others.